Leading brokerages have expressed optimism about HDFC Bank, issuing a mix of positive ratings and price targets that reflect its strong growth potential for the next 12 months.HDFC Bank, on Wednesday reported a 2.2% year-on-year growth in its December quarter standalone net profit, totaling Rs 16,736 crore, compared to Rs 16,373 crore posted in the same period last year.Also Read: HDFC Bank Q3 Results: PAT rises 2% YoY to Rs 16,736 crore, NII advances 8%
Short-term geopolitical jitters may pause market, but earnings will regain focus: Nischal Maheshwari
Market expert Nischal Maheshwari suggests the market might pause briefly. It will then focus on earnings. Defence stocks are gaining traction due to order wins